StockNews.com assumed coverage on shares of Rave Restaurant Group (NASDAQ:RAVE – Free Report) in a research report sent to investors on Wednesday morning. The firm issued a buy rating on the restaurant operator’s stock.
Rave Restaurant Group Stock Down 2.7 %
NASDAQ:RAVE opened at $1.78 on Wednesday. Rave Restaurant Group has a 52 week low of $1.62 and a 52 week high of $2.64. The company has a market capitalization of $25.97 million, a P/E ratio of 11.87 and a beta of 0.57. The stock’s fifty day moving average is $1.88 and its two-hundred day moving average is $1.93.
Rave Restaurant Group (NASDAQ:RAVE – Get Free Report) last posted its earnings results on Thursday, May 2nd. The restaurant operator reported $0.04 EPS for the quarter. Rave Restaurant Group had a return on equity of 20.19% and a net margin of 18.74%. The company had revenue of $2.96 million for the quarter.
Institutional Investors Weigh In On Rave Restaurant Group
About Rave Restaurant Group
Rave Restaurant Group, Inc, together with its subsidiaries, engages in the operation and franchising of pizza buffet, delivery/carry-out (delco), and express restaurants under the Pizza Inn and Pie Five trademarks in the United States and internationally. The company operates through three segments: Pizza Inn Franchising, Pie Five Franchising, and Company-Owned Restaurants.
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